Germany dominates European dot-com arena

Despite Tony Blair's promise to make the UK the best place on earth for ecommerce, the European title goes to Germany.

By Sarah Left, 26 September 2000 14:05

NEWS According to a report out today from PricewaterhouseCoopers, Germany is becoming the dominant internet economy in Europe, accounting for almost half of the sector's market capitalisation.
The UK comes second with 16 per cent of market capitalisation, followed by the Netherlands and France. The study found that Germany is home to more than one-third of Europe's top 150 internet companies - half of which are in profit. Meanwhile the UK is headquarters to under one-third of the top dot-coms, with only a quarter in profit.

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